Drey Wallet vs Spice Wallet
Price, ratings, monetisation and update history for both apps, side by side โ with what reviewers say about each.
Drey Wallet
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Drey is a non-custodial Bitcoin and Ordinals wallet built around clear review. Create or restore a wallet, receive Bitcoin, review transaction fees, and keep inscriptions and other protected sats visible while planning sends. Drey shows the exact action, recipient, amount, fee, and affected assets before signing. Your recovery phrase and private keys remain on your device. Drey has no hosted wallet account, no advertising SDK, and no launch analytics or crash-reporting upload. Public blockchain lookup and transaction broadcast use the signed Drey gateway described in the privacy policy. Never share recovery words or private keys with anyone, including Drey support.
Spice Wallet
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Spice Wallet is an open-source and self-custody wallet for Bitcoin, Ethereum, Dai, and Monero created by MAGIC Grants, a public charity. FEATURES * A beautiful, modern interface available in light and dark themes. * Fully self-custody. Only you have your private keys and recovery phrase, not us. * Completely open-source, with reproducible builds. * Address book for managing contacts. * No local wallet scanning needed, even for Monero. You can offload scanning to servers of your choice, or you can scan locally with a node connection if you prefer. * Built-in Tor support. Optionally connect to services over Tor to protect your privacy. * Protect your wallet with hardware security keys. When enabled, your spend key and recovery phrase have multiple layers of protection. * Encrypted backups of your payment details and address book. They are securely encrypted with keys derived from your recovery phrase, so you don't need another backup password. * Background notifications for incoming transactions and background syncing. * OpenAlias and payment links, for easy and secure sending without cumbersome addresses. Spice Wallet is developed by MAGIC Grants, a 501(c)(3) public charity.
Screenshots
Verdict
The clearest difference is update cadence: Drey Wallet at every 2 days against Spice Wallet's every 3 weeks. Spice Wallet's advantage is iOS requirement (16.0 vs 18.0). On price, ads, in-app purchases and device support there is nothing between them.
Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Drey Wallet ships an update every 2 days, Spice Wallet every 3 weeks. The most recent releases landed on November 10, 2026 and November 6, 2026 respectively.
| Parameter | Drey Wallet | Spice Wallet |
|---|---|---|
| Price | Free | Free |
| Update frequency | Every 2 days โ better | Every 3 weeks |
| Ads | No | No |
| In-app purchases | No | No |
| Devices | iPhone | iPhone, iPad โ better |
| Requires iOS | 18.0 | 16.0 โ better |
| Further details โ not scored | ||
| Size | 55 MB | 84 MB |
| Age rating | 17+ | 4+ |
| Developer | SQUIRREL SYSTEMS LLC | MAGIC Grants |
In-app purchases
Drey Wallet
No in-app purchases
Spice Wallet
No in-app purchases
Questions
Is Drey Wallet free?
Is Spice Wallet free?
Do Drey Wallet or Spice Wallet have ads?
Which is updated more often, Drey Wallet or Spice Wallet?
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